Contemporary Issues 1

Diving into news...the Chicago Bulls are 15-3.

Enough about that, this marking period, we're focusing on contemporary issues for research.

Let's start with an Economic topic, from columnist Paul Krugman of NY Times.


http://www.nytimes.com/2012/01/23/opinion/krugman-is-our-economy-healing.html?_r=1&partner=rssnyt&emc=rss

Krugman is starting his circle of hope and optimism for the healing economy. He states that the housing bust and excessive private debt is finally easing, given that America is underprovided by housing. However, Krugman says that even if we "squint" at the good data, all we hear about in debates is the rising government debt, which overshadows the hopeful evidence of the economy. Krugman then compares the U.S. economy to the European economy, and how they're too busy debating the morals of actions, not making any progress in resolving the problem. Finally,  Krugman shows a sense that things could've been worse if Obama's Republican opponent's goals were followed instead, such as "low interest rates and slashed federal spending."

With this story, there opens a door for further research of the background of the economy, from how the economy plummeted, and how that affected the U.S.' situation. Issues of how to better the economy arise, which can change opinions of others.